Loan Census Banking News and Information
April 20, 2024  
 
 
  Business Loan Information  
 

SBA Lenders for Valley View, Texas Businesses

 

 
Loan Census SBA Loan Info

Loan to Buy Frullati Cafe Franchise Issued By Northstar Bank Of Texas

Need a loan to purchase a Frullati Cafe franchise? Northstar Bank Of Texas has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Frullati Cafe franchise? If so, here's a 2004 SBA franchise loan that you should know about. Northstar Bank Of Texas was the lender and the entrepreneur was based in Valley View, Texas.

SBA Loan Borrower

FRULLATI CAFE & BAKERY
VALLEY VIEW, TX 76272

SBA Loan Lender

NORTHSTAR BANK OF TEXAS
400 N CARROLL BLVD
DENTON, TX 76201

This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

9/13/2004

Loan Approval Gross Amount

$214,650

Loan Approval from the SBA

Of the total $214,650 loan amount, the SBA guaranteed $160,987.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Frullati Cafe franchise. At the time of the loan, the company had 7 employees. The SBA loan application for the borrower did not indicate that the business planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

Frullati Cafe & Bakery

Obtaining Funding - Getting Venture Capital

SBA Banks in Denton, Texas

Find an SBA Lender in Texas